While it comes from the EU a letter asking for clarification, the Bank of Italy explicitly appreciates the Government's choice to slow down the race towards "approaching the medium-term objective" in terms of deficit and "debt reduction". An orientation inaugurated by the Executive with the update note to the Def and the Stability Law
“Given the exceptional duration and depth of the recession – reads the Bank of Italy economic bulletin –, the Government's choices appear to be justified”.
A more gradual "process of rebalancing - continues via Nazionale - can help avoid a recessionary spiral in demand and is justified if the resulting room for maneuver will be used effectively to revive economic growth and raise development potential in the medium term. and long term".
